Two people paid off their debt but still impulse-shop at Target and spend on dinners and bars. They have $100,000 saved but feel scared to touch it, so they keep spending instead. Neither learned about money from their parents.
Vacation, debt.
Little purchases, odds and ends things, debt. We made debt normal.
We should not be living this way.
How do you decide what you spend money on?
Just buying things that we see that we want. Going to Target, coming out spending $200, $300. Extravagant dinners. When we're done with that, let's go bar hopping and just running up bills.
You ended up with $100K in your bank account. Is that just sitting there right now?
Yes.
What does that feel like?
Very intimidating. I don't want to be tempted to spend it.
You're creating these behaviors to shield yourself from yourself. Yes.
Yes. From the start, we had really bad money habits. We came from very similar upbringings.
Mom or dad ever tell you to save? Wasn't a lot of open discussion about finance?
No advice at all. We don't know the right steps to not get back into that creep of just Swiping the card.
To change your entire relationship with money, you would need to trust yourselves. Right now, you're a little wary of yourselves.
